POKKET: Today’s Market Commentary (December 28)
Bitcoin take a breather after almost touching ATH $28,400. Trading $26k now while ETH rallies overnight, +6% to $673. Movers are AST +23%, DOCK +14%, LINK REN APPC +12%, SUSHI +10%.
The total amount of Bitcoin companies around the world now own in treasury amounts to $30B, or about 1.2M BTC. The spread of have’s and have-not’s in crypto continues to widen, making it worse as time goes on and mirroring the fiat world.
B2C2 has stopped trading XRP with US clients, marking the latest major liquidity provider to step away from Ripple.
Traditional finance is quiet overall while investors await Trump to sign the stimulus bill.
Check out today’s interest rates at POKKET.